Nsave launches global investment platform to protect wealth in high-inflation economies

Nsave, a pioneering fintech firm focused on financial inclusion, has unveiled a new investment platform designed to offer secure and compliant wealth protection to individuals in high-inflation economies. By providing access to trusted overseas accounts and diverse investment options, the platform enables users to safeguard their savings while navigating the challenges posed by economic instability.

The launch coincides with Nsave securing $18 million in Series A funding, led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation. The fresh capital is set to accelerate the company’s growth and expand its mission of empowering individuals facing financial exclusion.

A Solution for High-Inflation Economies

Nsave’s platform addresses a growing need for secure financial solutions in high-inflation economies where local currencies are often devalued rapidly. By offering accounts denominated in stable currencies such as the US dollar, British pound, and euro, the fintech provides a reliable alternative for preserving and growing wealth.

Nsave CEO Amer Baroudi explained that the platform was created to democratise access to offshore financial services. He noted that many individuals in high-inflation economies fear their life savings will lose value, while others face significant barriers to accessing overseas accounts due to outdated compliance systems or their country of origin.

The fintech aims to bridge this gap by partnering with regulated financial institutions in the United Kingdom and Switzerland, ensuring that all services meet rigorous compliance standards. Through its “compliance-by-design” approach, Nsave has positioned itself as a trusted solution for individuals seeking both security and growth opportunities.

Investment Options for Wealth Growth

The new platform offers a range of investment options, including US equities, exchange-traded funds (ETFs), and soon, funds managed by leading global asset managers. Customers can access these services through the Nsave app, subject to onboarding and compliance checks.

Baroudi described the platform as a step beyond traditional wealth protection, emphasising its role in enabling wealth growth. He highlighted that for many users, this is their first opportunity to access investment services securely and transparently.

By providing these tools, Nsave not only helps users preserve their savings but also empowers them to actively participate in wealth creation. The company’s innovative approach ensures that its services are accessible to a wide audience, including young professionals relocating abroad and individuals in economically unstable regions.

Securing Investment Through Trusted Partnerships

To deliver its services, Nsave collaborates with established banking partners and regulated institutions in Europe. This partnership-driven model provides an additional layer of trust and reliability for customers, addressing common concerns about the safety of overseas investments.

Schuster Tanger, co-founder of TQ Ventures, described Nsave as a game-changer for underserved markets. He praised the company’s unique approach, which is shaped by the personal experiences of its leadership team. Tanger expressed confidence in Nsave’s ability to create a more inclusive financial system that serves individuals traditionally excluded from wealth-building opportunities.

Funding to Drive Expansion

The $18 million raised in Series A funding will enable Nsave to enhance its technology, expand its offerings, and reach a broader audience. According to Baroudi, the funding reflects growing investor confidence in Nsave’s mission and its ability to address a critical market need.

Participants in the funding round include prominent names like Sequoia Capital and Y Combinator, signalling significant industry support for Nsave’s vision. The company plans to use the investment to scale its operations while maintaining its commitment to regulatory compliance and customer-centric innovation.

A Vision for Financial Inclusion

Nsave’s mission is rooted in the belief that financial services should be accessible to all, regardless of nationality or economic circumstances. The platform’s user-friendly design, combined with its compliance-focused approach, sets a new standard for inclusivity in the financial sector.

Baroudi stated that Nsave’s ultimate goal is to ensure that financial prosperity is not determined by factors such as nationality or access to traditional banking systems. By focusing on innovation and inclusivity, the company aims to empower millions of individuals worldwide to secure and grow their wealth.

The Road Ahead

Based in London and Geneva, Nsave is well-positioned to expand its global footprint. The company’s dual focus on secure overseas investment and financial inclusion highlights its potential to transform the way individuals in high-inflation economies manage their wealth.

As Nsave continues to grow, its innovative solutions are likely to attract a broader user base, further solidifying its role as a leader in the fintech space. With a strong foundation and backing from top-tier investors, Nsave is poised to redefine financial inclusion on a global scale.